Morningstar SRRI

Lower Risk

Higher Risk

1

2

3

4

5

6

7

Potentially Lower ReturnsPotentially Higher Returns

Source: Morningstar

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Investment Objective

The Fund aims to achieve long-term capital appreciation, targeting a return over a rolling five year period equivalent to 5% over the Bank of England Base Rate (net of fees) each year.
The Fund intends to achieve its objective by actively managing direct and indirect exposure to equities, fixed income securities, cash and equivalents, collective investment schemes and indirect exposure to alternative investments (including but not limited to commodities and property). The ACD will operate a flexible asset allocation policy but may have a bias towards investments with a higher risk profile. The Fund may invest in assets anywhere in the world.

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Portfolio Profile31/07/2017

Morningstar Style Box®

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Equity Style

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Fixed Income Style

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Asset Allocation %

Long

Short

Net

Stocks

31.52

0.00

31.52

Bonds

26.08

0.51

25.57

Cash

96.09

65.70

30.39

Other

13.79

1.28

12.51

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Top Stock Regions

Region

%

United States

41.13

Eurozone

13.22

Japan

12.91

Asia - Emerging

11.05

Asia - Developed

6.43

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Top Sectors

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Stock Sector

%

Financial Services

18.14

Technology

15.99

Consumer Cyclical

14.20

Industrials

12.28

Healthcare

9.17

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Fixed Income Sector

%

Cash & Equivalents

56.45

Corporate Bond

20.02

Government

19.42

Government Related

3.51

Future/Forward

0.23

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Top Holdings

Name

Sector

%

IncreaseDecreaseNew since last portfolio

New Zealand(Govt) 6% 2021-05-15

Not Classified

7.92

UBS ETF Fact MSCI USA Qual USD A dis

Not Classified

7.83

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AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.